
Market View: Nvidia’s AI Boom Gets Bigger, Meta’s $18 Billion Escape & Jack Ma Buys Alibaba
How much bigger can the AI boom get?
Nvidia delivers another extraordinary quarter, with revenue hitting US$96.2 billion as Big Tech continues pouring money into AI infrastructure.
But the bigger question is whether Nvidia’s customers will eventually earn enough from AI to justify that spending.
Michelle Martin looks at why Meta’s US$18 billion child-safety settlement may actually come as a relief to investors, and what stubborn US inflation means for interest rates.
Plus, why Salesforce, CrowdStrike and Okta are surging after hours; Jack Ma puts millions behind Alibaba’s AI bet; ST Engineering lands another major Taiwan rail contract; and a Singapore iron-ore trader comes under scrutiny.
And in the Last Word: seven desk gadgets that might make your working day just a little better.
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